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Insights

New Product Launches Local Bounti has recently launched innovative salad kits with chicken and Asian Style Chicken Lettuce Wrap Kit, presenting an opportunity to promote these new products to retailers and distributors looking for unique offerings in the indoor agriculture market.

CEO Appointment Impact Anna Fabrega, a former Freshly CEO and Amazon executive, taking over as CEO of Local Bounti could be leveraged to establish new partnerships and collaborations within the industry, utilizing her expertise and network for business expansion and growth.

Facility Expansion The expansion of Local Bounti's facilities to Mount Pleasant, Texas, provides an opportunity to target new regional markets and retailers in that area, allowing for increased distribution and brand presence in the region.

Distribution Partnerships Partnerships like the one with Sam's Club for leafy greens production showcase Local Bounti's potential for collaborations with large retailers. This opens doors for entering into similar agreements with other major retail chains looking for high-quality, locally grown produce.

Financial Health and Growth With recent financing of $145M and revenues between $10M - 50M, Local Bounti's strong financial position offers a compelling proposition for investors and potential partners, signaling sustainable growth opportunities and the ability to scale operations effectively.

Similar companies to Local Bounti

Local Bounti Tech Stack

Local Bounti uses 8 technology products and services including DBT, Blackline, MySQL, and more. Explore Local Bounti's tech stack below.

  • DBT
    Continuous Integration
  • Blackline
    Corporate Performance Management
  • MySQL
    Database
  • Microsoft Word
    Editors
  • Underscore.js
    Javascript Libraries
  • HTTP/3
    Miscellaneous
  • UPS
    Transportation And Fleet Management
  • Facebook
    Widgets

Media & News

Local Bounti's Email Address Formats

Local Bounti uses at least 1 format(s):
Local Bounti Email FormatsExamplePercentage
FLast@localbounti.comJDoe@localbounti.com
80%
First@localbounti.comJohn@localbounti.com
17%
First_Last@localbounti.comJohn_Doe@localbounti.com
2%
First.Last@localbounti.comJohn.Doe@localbounti.com
1%

Frequently Asked Questions

Where is Local Bounti's headquarters located?

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Local Bounti's main headquarters is located at Hamilton, MT US. The company has employees across 4 continents, including North AmericaAsiaEurope.

What is Local Bounti's stock symbol?

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Local Bounti is a publicly traded company; the company's stock symbol is LOCL.

What is Local Bounti's official website and social media links?

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Local Bounti's official website is localbounti.com and has social profiles on LinkedIn.

How much revenue does Local Bounti generate?

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As of September 2024, Local Bounti's annual revenue reached $15M.

What is Local Bounti's NAICS code?

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Local Bounti's NAICS code is 311 - Food Manufacturing.

How many employees does Local Bounti have currently?

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As of September 2024, Local Bounti has approximately 153 employees across 4 continents, including North AmericaAsiaEurope. Key team members include Chief People Officer: L. M.Chief Information Officer: A. F.Chief Accounting Officer (cao): D. M.. Explore Local Bounti's employee directory with LeadIQ.

What industry does Local Bounti belong to?

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Local Bounti operates in the Food and Beverage Manufacturing industry.

What technology does Local Bounti use?

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Local Bounti's tech stack includes DBTBlacklineMySQLMicrosoft WordUnderscore.jsHTTP/3UPSFacebook.

What is Local Bounti's email format?

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Local Bounti's email format typically follows the pattern of . Find more Local Bounti email formats with LeadIQ.

How much funding has Local Bounti raised to date?

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As of September 2024, Local Bounti has raised $145M in funding. The last funding round occurred on Mar 29, 2023 for $145M.

When was Local Bounti founded?

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Local Bounti was founded in 2018.
Local Bounti

Local Bounti

Food and Beverage ManufacturingMontana, United States51-200 Employees

At Local Bounti, we strive to deliver the freshest, locally grown produce to your neighborhood. We sustainably grow fresh, non-GMO greens 365 days a year in our greenhouses, using 90% less water and 90% less land than conventional agriculture. 

Perfect environmental greenhouse conditions ensure the highest possible nutritional value and taste. Our sustainable, root-on, living products result in less environmental impacts, carbon footprint, and less waste. It’s our goal to bring our farm to your kitchen. 

FACTS WE LIVE BY:

LOCAL IS BEST.
Your produce is rarely grown locally, but we are changing that. We strive to make the distance between our farm and your kitchen as short as possible. Growing local delivers sustainable markets, products, and partnerships to benefit our communities and our world. We believe local is the best kind of business.

HAPPY PLANTS = HAPPY TASTE BUDS.
We love happy plants. Our plants are kept in the perfect environment from seed to packaging, and our living products keep our produce fresh and delicious for weeks. The result? Happy taste buds. You will taste and smell the difference. We bring the farmers’ market to your neighborhood regardless of season and location.

IT’S TIME TO RE-IMAGINE FRESHNESS.
Most produce spends weeks in transport on the way to your kitchen. We believe there is a better way. Local Bounti re-imagines “fresh” through our local, sustainable farming with a 365-day growing season and a wide variety of living products. When our produce hits your plate, you will experience a new standard of freshness.

PIONEERING THE EXTRAORDINARY.
At Local Bounti, we are pioneering a new path and breaking new ground, literally. We embrace challenges to the status quo and don’t take no for an answer. We face challenges with grit, determination, and obsession but radiate humility. Together, we are capable of extraordinary things.

Section iconCompany Overview

Headquarters
Hamilton, MT US
Stock Symbol
LOCL
NAICS Code
311 - Food Manufacturing
Founded
2018
Employees
51-200

Section iconFunding & Financials

  • $145M

    Local Bounti has raised a total of $145M of funding over 4 rounds. Their latest funding round was raised on Mar 29, 2023 in the amount of $145M.

  • $10M$50M

    Local Bounti's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $145M

    Local Bounti has raised a total of $145M of funding over 4 rounds. Their latest funding round was raised on Mar 29, 2023 in the amount of $145M.

  • $10M$50M

    Local Bounti's revenue is in the range of $10M$50M

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